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Showing posts from May, 2023

Wall Street prepares to take on established crypto companies

Traditional finance groups create digital asset infrastructure untainted by year of crypto scandals from Cryptofinance https://ift.tt/ufngDUd

Bitcoin: crypto backers hope scarcity can solve everything 

Regulator warnings have made banks more skittish about holding their assets after FTX’s failure from Cryptofinance https://ift.tt/pz1KZm5

Crypto market struggles with transparency

Many of industry’s biggest names refuse to supply information on corporate governance and custody of customer assets from Cryptofinance https://ift.tt/EMS7rdt

Temasek cuts pay of employees behind failed $275mn bet on FTX

Singaporean state investor ‘disappointed’ with the investment in the failed cryptocurrency exchange from Cryptofinance https://ift.tt/s2yNpMA

Crypto’s dark role in the US opioid epidemic

Plus, losses to crypto fraud rises and update on Do Kwon from Cryptofinance https://ift.tt/1FvmV28

UK crypto fraud losses jump 40%

Data from national reporting agency for cyber crime shows £300mn in losses over past year from Cryptofinance https://ift.tt/B6i0FcL

Don’t treat crypto like gambling — even if it is largely pointless

Governments are struggling with the question of how to regulate the sector to protect investors from Cryptofinance https://ift.tt/ZfJWVC4

Bhutan turns to crypto in search of fast growth

Tiny Himalayan kingdom teams up with Singapore’s Bitdeer as it seeks to raise cash to mine digital currency from Cryptofinance https://ift.tt/cqfPExQ

Grayscale aims for possible loophole with new bitcoin ETF filing

If approved, the US-listed vehicle will invest in ‘spot’ bitcoin exchange traded products trading in other countries from Cryptofinance https://ift.tt/9qP7I4j

Need to Know: how will UK crypto regulation affect me?

Digital currency exchanges would be required to comply with rules governing traditional financial services from Cryptofinance https://ift.tt/bKahwME

Fund groups race to launch first US ether futures ETF

Direxion, Roundhill Investments, Bitwise and Valkyrie file for launch immediately after Grayscale from Cryptofinance https://ift.tt/DHXCnUE

MPs call on UK ministers to regulate crypto like gambling

Plans for Financial Conduct Authority to oversee industry should be abandoned, says Treasury committee from Cryptofinance https://ift.tt/IXiK0Gx

US crypto clampdown pushes exchanges to go offshore

Overseas rivals taking market share with less fear of regulatory reprisals from Cryptofinance https://ift.tt/5dWtXw3

The DeFi world faces a jarring transition

Regulators are stepping up scrutiny of crypto marketplaces that operate without meaningful oversight from Cryptofinance https://ift.tt/z4F5acZ

US crypto tsar promises crackdown on digital platforms

The justice department is stepping up scrutiny of an industry wracked by scandal and volatility from Cryptofinance https://ift.tt/sm6VRYz

OpenAI’s Sam Altman nears $100mn funding for Worldcoin crypto project

Start-up plans to create global identification system through iris scans to enable access to free global currency from Cryptofinance https://ift.tt/4zYoFw2

The view from the crypto summit

Plus, Coinbase’s latest social media controversy from Cryptofinance https://ift.tt/w4Xt7TH

City lobby groups warn UK Treasury on crypto plans

Traditional finance calls for ‘caution’ and urges government to close gaps in proposed framework from Cryptofinance https://ift.tt/KO67Eed

Sam Bankman-Fried seeks to have criminal charges over FTX dismissed

Lawyers argue former crypto chief was impermissibly charged with further crimes following extradition from Bahamas from Cryptofinance https://ift.tt/t6xWdfn

US court provides clarity on crypto rules with OpenSea verdict

Plus, Coinbase first-quarter results and taxing crypto miners from Cryptofinance https://ift.tt/e1FtmRE

Hong Kong counsels seek better crypto protections

Regulators face challenge of ensuring redress in disputes over digital asset fraud from Cryptofinance https://ift.tt/QFxNwAv

South Korea tightens grip on digital asset trading

Game developer Wemade’s inaccurate disclosure about digital token’s circulation was a wake-up call for regulators from Cryptofinance https://ift.tt/tKuz9dU

Traders grow wary of ‘unloved’ bitcoin rally

Thin trading underpins 70% rise in the price of flagship cryptocurrency from Cryptofinance https://ift.tt/7ceoYHM

Former OpenSea employee convicted in first NFT insider trading case

Prosecutors had accused Nate Chastain of buying tokens he knew would soar in value from Cryptofinance https://ift.tt/09Gi2QT